1,066 Acres CRP Land & Pasture + NRD Certified Ground Water

LAND AUCTION

SOLD!

Wednesday, October 3, 2018 • 1:30 PM

Sale to be held at the Prairie Winds Community Center in Bridgeport, Nebraska

Land located: South and West of Bridgeport, Nebraska in the Redington Community.

LIVE ONLINE BIDDING AVAILABLE! (Click below)

This highly desirable property is primarily non-irrigated farm land which has been enrolled in CRP and features good vegetation and great habitat. Several possibilities exist for the land including non-irrigated farming and prime deer, antelope, elk, and upland game hunting. 76.4 NRD Certified Acres offer irrigation possibilities on a portion of the property. The Buyer may elect to continue the current CRP Program through their expiration date or withdraw the land from the program and convert to active farmground.

SOLD IN 4 TRACTS

Tract 1 (6-18-51): 158.2 Taxed Acres SOLD! $700.00/Acre

A good dryland quarter with 158.6 acres of non-irrigated farm ground currently in CRP. The land has a good stand of grasses and is bordered on 2 sides by active non-irrigated Farm land. This Land has previously been enrolled in the “Walk in Hunting” Program through the Nebraska Game & Parks Commission.

Land Located: 12 miles south & west of Bridgeport, Nebraska on Hwy 88 to CR 85, then 1 mile south to the northeast corner.Legal Description: NE1/4 Section 6, Township 18N, Range 51 West 6th P. M., Morrill County, NebraskaFSA Info: There are 158.64 acres Farmground. 77.8 Acres Wheat Base. This property is non-irrigated farm land which has been enrolled in the Conservation Reserve Program (CRP) through the USDA. Annual CRP payment $7,660.00 to 9-30-2021 (158.6 Acres @ $48.30 per acre).Real Estate Taxes: 2017 – $1,073.40Sale Day Deposit: $10,000.00

Tract 2 (7-18-51): 359.11 Taxed Acres SOLD! $590.00/Acre

A good dryland farm currently in CRP. The land provides excellent cover for wild life and has ½ mile of shelter belt on the southwest side consisting of Evergreen and Deciduous trees. Bordered on 2 sides by county roads. This Land has been previously enrolled in the “Walk in Hunting” Program through the Nebraska Game & Parks Commission.

Land Located: 12 miles south & west of Bridgeport, Nebraska on Hwy 88 to CR 85, then 3 mile south to the southeast corner.Legal Description: SW1/4, W1/2NW1/4, W1/2SE1/4, SE1/4SE1/4 Section 7, Township 18N, Range 51 West 6th P. M., Morrill County, NebraskaFSA Info: 344 acres of Cropland. With a total wheat base 165.57 acres. This property is non-irrigated farm land which has been enrolled in the Conservation Reserve Program (CRP) through the USDA. Annual CRP payment $14,158.00 to 9-30-2022 (315.6 acres @ $44.86 per acre).Real Estate Taxes: 2017 – $2,396.64Sale Day Deposit: $20,000.00

Tract 3 (9-18-51): 320.47 Taxed Acres SOLD! $540.00/Acre

225-acre Pasture with 92 acres dryland farmground currently in CRP. The Pasture has 1 Aeromotor windmill and large bottomless tank for stock water. Good hard grass with perimeter fence. Potential for a nice half-section pasture.

Land Located: 11 miles south & west of Bridgeport, Nebraska on Hwy 88 to CR 87, then 2 1/2 miles south to the northwest corner.Legal Description: S1/2 Section 9, Township 18N, Range 51 West 6th P. M., Morrill County, NebraskaFSA Info: 317.88 acres Farmland and 92 acres Cropland, 43.2 acres wheat base. The 92 acres crop land has been enrolled in the Conservation Reserve Program (CRP) through the USDA. Annual CRP payment $4,211.00 to 9-30-2022 (92 acres @ $45.77 per acre).Real Estate Taxes: 2017 – $2,121.64Sale Day Deposit: $15,000.00

Tract 4 (17-18-51): 228.43 Taxed Acres SOLD! $730.00/Acre

A nice tract of land with an irrigation well! This farm has 76.4 NRD Certified irrigatable acres. The well has not been in use since the land was enrolled in CRP.

Land Located: 11 miles south & west of Bridgeport, Nebraska on Hwy 88 to CR 87, then 3 1/4 miles south to the northeast corner.Legal Description: SE1/4, SW1/4NE1/4, Pt. E1/2NE1/4 Section 17, Township 18N, Range 51 West 6th P. M., Morrill County, NebraskaFSA Info: 225.3 acres Cropland with 105.7 acres wheat base and 17 acres Corn Base. The crop land has been enrolled in the Conservation Reserve Program (CRP) through the USDA. Annual CRP payment $10,235.00 to 9-30-2022 (225.3 acres in 2 contracts @ $45.43 per acre).NRD Info: 76.4 Acres Certified Irrigatable Acres! Well #G-037577 (No flow meter). A portion of this land was previously irrigated. Buyers should investigate if it would be possible to “transfer” the irrigated acres through NRD guidelines or the Buyer may develop the 76 into irrigated land.Real Estate Taxes: 2017 – $1,738.40Sale Day Deposit: $15,000.00

Minerals: Seller is reserving a ½ Non-Participating Royalty Interest in Oils, Gases and minerals for 20 years from Date of Deed. In event of production, the reservation will continue as long as production exists in commercial paying quantities.Possession: The Buyer will have full possession on final settlement. The Buyer will receive the CRP Payment from October 1, 2018.Terms: The Land is to be sold for Cash. All financial arrangements must be made prior to sale. The Sale is subject to Seller Confirmation, however it is the desire of the Sellers to sell the property to the highest and best bidder to settle the Estate. Sale Deposit due upon being the successful bidder with the balance due at Closing on or before November 7th, 2018.

Note: THE BUYER WILL HAVE THE OPTION TO REMAIN IN THE CRP CONTRACT OR WITHDRAW FROM THE CONTRACT! This must be done immediately after the Auction. Should the Buyer desire to maintain the CRP Contract, Buyers must be qualified to receive the CRP Payments under FSA guidelines.

Lenard Ott Estate

Deborah Wells, PR

**The information contained herein has been obtained from sources believed to be reliable. We have no reason to doubt it’s accuracy, but we do not guarantee it. Buyers should make their own investigations and inspections.